News about Bitcoin

More / Bitcoin Reddit - 2 years ago

Borrow against your Bitcoin

Michael Saylor talks a lot about borrowing against your Bitcoin. What does this really mean? Do you actually put up Bitcoin as collateral or do you just take an arbitrary loan out knowing you have Bitcoin in reserve to pay it off if necessary? Is thi...

More / Bitcoin Reddit - 2 years ago

Bitcoin Rainbow Price Chart says: "Still cheap"

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

TIL: Old YouTube Superstar Michelle Phan is a Bitcoiner. In her own words, when people ask her what she does for a living now, instead of saying “YouTuber” like she used to, she now says “Stacking Sats”

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

Taxes due for 2016 purchases using Bitcoin?

So today's deadline for 2021 has me with butterfly's in my stomach. Could I owe the fed for 2016 purchases made using Bitcoin? I do not recall an IRS rulings on crypto until 2017/2018. Should anyone who made purchases using Bitcoin or other cryptos i...

More / Bitcoin Reddit - 2 years ago

Loans & BTC. Bitcoin will live alongside digital dollars, giving everyone the ability to save in strong money appreciating against their loans denominated in their country's currencies. Formerly an option only available to those in countries with weaker c

El Salvador is a great example of how it will go. It will live side by side of dollar stable coins to balance itself and bring the best of both worlds. Things will be denominated in dollars while people learn to save in Bitcoin after experiencing the...

More / Bitcoin Reddit - 2 years ago

Loans & BTC. Bitcoin will live alongside digital dollars, giving everyone the ability to save in strong money appreciating against their loans denominated in their country's currencies. Formerly an option only available to those in countries with weaker c

El Salvador is a great example of how it will go. It will live side by side of dollar stable coins to balance itself and bring the best of both worlds. Things will be denominated in dollars while people learn to save in Bitcoin after experiencing the...

More / Bitcoin Reddit - 2 years ago

There is no next Bitcoin

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

Bitcoin pepsi

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

Question about running Bitcoin Core on 2 computers

Hi,I have a spare 1tb portable usb hard drive, and I've decided to save the blockchain to it so that I can run Bitcoin core on my desktop. I also have a laptop.My question is, can I run Bitcoin Core on the laptop using the same portable hard drive wi...

More / Bitcoin Reddit - 2 years ago

Beats to HODL Bitcoin to

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

Thought experiment: bitcoin inheritance

I don't like the idea of not having complete solo control of my bitcoin, so I can't think of a way I feel good about leaving my crypto to an heir. I had a couple thoughts that may or may not be currently possible, but I'm curious what others thought...